eighth District Consultant Kim Schrier launched a invoice to the Home of Representatives Tuesday that intends to offer instant reduction to rural hospitals.
In response to a press launch, the Rapid Reduction for Rural Amenities and Suppliers Act will give emergency grants and advantages to rural hospitals in an try to assist handle the affect the COVID-19 disaster is having on native well being care programs.
Particularly, the laws will:
- Present Rapid Reduction for Rural Hospitals with an emergency obligatory one-time grant to Important Entry Hospitals (CAH) and rural Potential Fee System (PPS) hospitals equaling $1,000 per affected person per day.
- Present Stabilization for Rural Hospitals with a one-time, emergency grant for CAH and rural PPS hospitals equaling the overall reimbursement obtained for providers for the primary three months of 2019 to stabilize the lack of income.
- Encourage Hospital Coordination with a 20% improve in Medicare reimbursement for any affected person in a rural hospital utilizing the swing mattress program to incentivize liberating up capability in bigger, overcrowded hospitals.
- Present Stabilization and Reduction for Suppliers with an emergency, one-time grant for all suppliers and ambulatory surgical procedure facilities equal to their complete payroll from January 1 – April 1, 2019.
- Present Funding for Physicians and Suppliers by authorizing the Small Enterprise Administration to offer low curiosity loans to suppliers and ambulatory surgical procedure facilities at a 0.25% curiosity fee that won’t accrue till two years after the COVID-19 pandemic has ended
The injection of cash is meant to stabilize a facility’s finances by offsetting the present lack of income. Many rural hospitals, even these with no single affected person affected by COVID-19, are struggling after Governor Inslee ordered all elective surgical procedures canceled or postponed.